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For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
The new version of the Trump tax bill would raise the state and local tax deduction cap to $40,000, in an effort win over a ...
Republicans make it easier for Democrats to raise state taxes.
House Speaker Mike Johnson and a group of blue-state Republicans reached a tentative deal today to raise the cap for the state and local tax deduction, often referred to as the SALT deduction ...